Abdolnaser Hemmati, the governor of the Central Bank of the Islamic Republic, in response to remarks by Scott Bessent, the U.S. Treasury Secretary, about 150% to 180% inflation in Iran and the possibility of a Tehran–Washington agreement in the coming days, said that Iran’s economy is facing serious problems, but the U.S. economy is also facing significant risks.

Hemmati, on Friday, 17 Mordad, told the government information portal: “Regardless of whether this agreement is carried out or not, these remarks are in conflict with some previous positions about the imminent collapse of Iran’s economy.”

He cited the conditions arising from war and economic pressures as factors that exacerbate inflation and unemployment, and said that Iran’s economy continues to face serious problems.

The governor of the Central Bank of the Islamic Republic also said that the release of the U.S. non-farm employment report and developments in fuel prices and other macro indicators show that the U.S. economy is also facing “considerable pressures and risks.”

Hemmati added that the central bank is trying to control money supply growth, inflation, and currency market fluctuations and will not allow the budget deficit to be financed from the central bank’s resources.